• Cut import dependence for special grade steel, boost R&D: Govt to industry 24 Sep 2020 13:08 The government on Thursday stressed the need to cut import dependence for special grade steel, exhorting the domestic players to go for research and development activities and take required measures to make India self-reliant in value-added steel …
  • Cut import dependence for special grade steel by boosting local capacity: Government to industry 24 Sep 2020 12:45 New Delhi: The government on Thursday stressed the need to cut import dependence for special grade steel, exhorting the domestic players to go for research and development activities and take required measures to make India self-reliant in value-added …
  • Rs 3.91 lakh crore wiped off! Sensex slides for 6th day, down 1,115 points; VIX surges 12% 24 Sep 2020 12:39 NEW DELHI: Fresh lockdown fears and gloomy commentary by the US Fed policymakers gave a massive jolt to already shaken confidence of Indian equity investors who dumped shares on Thursday sending benchmark indices spiralling down. Resurging virus cases in …
  • Harley-Davidson Exits India in Latest Setback  24 Sep 2020 12:37 (Bloomberg) -- Harley-Davidson Inc (NYSE:HOG). is pulling out of India, another major setback to Prime Minister Narendra Modi’s efforts to lure or retain foreign manufacturers in the midst of the nation’s worst economic downturn in decades. The motorcycle …
  • Rupee slips 32 paise to 73.89 against US dollar 24 Sep 2020 11:55 The rupee depreciated 32 paise to settle at 73.89 (provisional) against the US dollar on Thursday as sell-off in domestic equities and foreign fund outflows weighed on investor sentiment. At the interbank forex market, the rupee opened on a weak note at 73 …
  • Access Finance develops global payments system 23 Sep 2020 23:06 The Herald Enacy Mapakame Business Reporter Access Finance – a bureau de change and money transfer agent, has developed a seamless payment product to facilitate global payments from Zimbabwe, enhancing efficiency in the service. The financial solutions …
  • Day trading guide for Thursday's market 23 Sep 2020 14:33 IIFL Securities Technicals: By Jayesh Bhanushali, Sr. Derivative & Technical Research Analyst Technical view: Outlook on Bharti Airtel Bharti Airtel is trading in a strong lower top lower bottom chart structure and has given a price breakdown below its …
  • Rupee gains 6 paise against US dollar in early trade 23 Sep 2020 06:19 The rupee appreciated 6 paise to 73.52 against the US dollar in opening trade on Wednesday, as gains in domestic equity market boosted investor confidence. Forex dealers said lower crude prices also helped the domestic unit to strengthen its ground. …
  • RBI to intervene to prevent Rupee gains despite signs of leniency: ICICI 23 Sep 2020 04:57 India’s central bank will continue to intervene to prevent any sharp appreciation in the rupee, even after signs of leniency toward currency gains in recent weeks, according to ICICI Bank Ltd. The Reserve Bank of India’s forex strategy has been in sharp …
  • Sensex, Nifty Seen Opening On Steady Note 23 Sep 2020 03:37 Indian shares may open flat to slightly higher on Wednesday after India and China agreed to stop sending troops to the front line of their disputed Himalayan border in what appears to be the first step towards resolving the 20-week military standoff along …
  • CBN: Countering fifth columnists’ threat to economic stability 23 Sep 2020 02:58 Perhaps, as a result of the fact that it had to roll out some tough policies to shield the economy from the impact of the coronavirus crisis, the Central Bank of Nigeria (CBN) has, in recent times, come under attack from fifth columnists, who perceive the …
  • Oil Markets Drop on Libyan Production Restart 22 Sep 2020 20:09 Sep 22, 2020 (MENAFN via COMTEX) -- (MENAFN - Daily Forex) The West Texas Intermediate crude oil futures dropped 4.19 percent on Monday's session, closing at the 39.31 level. Yesterday, oil futures markets dropped in light of the Libyan crude return to …
  • Day trading guide for Wednesday's market 22 Sep 2020 17:24 Edelweiss Wealth Management Index: Nifty Move below 11430 on nifty is sign of caution for bulls. Nifty has also closed below 50 DMA for the first time since May 2020. We expect index test 10800 on the downside. Top trading ideas: Sagar Doshi – Technical …
  • Comic: The Coronavirus Runs Rampant Through a Reopening Indian Economy 22 Sep 2020 13:30 By Geoffrey Smith  Investing.com -- India has emerged as the world’s new hotspot for Covid-19: the virus is running rampant through the country’s densely-populated cities and a hinterland with often under-developed health infrastructure. As of last week, …
  • Forex Today: Stocks Lower on Coronavirus Fear 22 Sep 2020 09:22 Sep 22, 2020 (MENAFN via COMTEX) -- (MENAFN - Daily Forex) Rising new virus cases in Europe and U.S. stimulus fears spook markets Stock markets fell again yesterday, with the U.S. S & P 500 Index briefly marking a 10% decline from its all-time high …
  • Rupee skids 13 paise to 73.51 against U.S. Dollar in early trade 22 Sep 2020 07:21 The Rupee depreciated 13 paise to 73.51 against the U.S. Dollar in opening trade on Tuesday tracking muted domestic equities. At the interbank forex market, the Rupee opened on a weak note at 73.50, then fell further to 73.51, registering a fall of 13 …